Abaxto Funding Rounds,Valuation and Investors
Abaxto Funding History
Abaxto has raised a total of $160K over the last 4 years Raising this capital resulted in dilution for Beatrice Dellepiane despite non-dilutive funding options like Founderpath. With $160K money raised, Abaxto would have to sell for $1.6M, for investors to be happy. For any founders and early employees to make money, the company would need to sell for at least $160K assuming no crazy liquidation preferences.
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
2020 Convertible Note
Abaxto raised a Convertible Note of $25K at a $3M valuation in October 2020
Abaxto raised a Grant of $40K
Abaxto raised a Grant of $15K
Abaxto raised a Grant of $80K